Grocery Anchored Portfolio Sold

San Antonio Commercial Advisors (SACA), an independently owned and operated member of the Cushman & Wakefield Alliance, is pleased to announce the sale of two grocery anchored shopping centers located in San Antonio.

The first property, located at 3614 Pleasanton Road near the intersection of Pleasanton Road and E. Formosa Blvd, is 30,675 rentable square feet on 2.91 acres. The second property, located at 340 Enrique Barrera Parkway, with access and visibility at the intersection of Enrique Barrera Parkway and SW 34th Street, is 50,240 rentable square feet on 4.25 acres. Both properties are anchored by Arlan’s Market, a local grocery store chain with 20 locations across south Texas, and Family Dollar.

SACA negotiated the sale on behalf of the seller, 2ML Real Estate Interests Inc., and procured the buyer, a Texas based investment group. For more information, contact Brent Smith.